Liberty Financial Group (ASX:LFG) Total Current Assets : A$1,726 Mil (As of Dec. 2023)

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What is Liberty Financial Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Liberty Financial Group's total current assets for the quarter that ended in Dec. 2023 was A$1,726 Mil.

Liberty Financial Group Total Current Assets Historical Data

The historical data trend for Liberty Financial Group's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Liberty Financial Group Total Current Assets Chart

Liberty Financial Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Current Assets

12,298.10

13,188.77

1,251.80

1,967.67

Liberty Financial Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial			1,172.19	1,251.80	1,275.00	1,967.67	1,726.39

Liberty Financial Group Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Liberty Financial Group's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1592.344	+	335.535	+	0	+	39.786
	=	1,968

Liberty Financial Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1504.575	+	143.349	+	0	+	78.462
	=	1,726

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Liberty Financial Group (ASX:LFG) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Liberty Financial Group's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1504.575	-	14577.532	+	0.75 * 143.349	+	0.5 * 0
=	-12,965

Liberty Financial Group Total Current Assets Related Terms

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Liberty Financial Group (ASX:LFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Liberty Financial Group Ltd (ASX:LFG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.liberty.com.au

Liberty Financial Group Ltd is a financial services company. The company provides home loans, business loans, motor vehicle finance, personal loans, and residential and commercial mortgages. Its segments include Residential Finance, Secured Finance, Financial Services and Corporate. It generates maximum revenue from Residential Finance.